Tag: cryptocurrency

Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate

Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it’s still the new entrants who are selling, while the hodlers continue accumulating. James Butterfill, Investment…
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Number of Bitcoin Holders Shoots to Record High, Data Shows

The number of bitcoin (BTC, -4.55%) addresses in accumulation has risen to a record high as investors with long-term horizons take advantage of the recent price drop to boost their coin stashes. The count of accumulation addresses climbed to a record for the seventh consecutive day on Monday, taking the total to 545,115, according to…
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‘Extreme Fear’ Grips Bitcoin Market After Price Plunge, Sentiment Gauge Shows

The drop in market sentiment follows the past week’s bitcoin price plunge, according to Arcane Research. The Crypto Fear and Greed Index, a metric that measures the current sentiment in the bitcoin market, has fallen to “extreme fear” levels not seen since April 2020, a report Tuesday showed.   The drop in market sentiment follows…
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SEC Warns Mutual Fund Investors of Bitcoin Futures Risks

The U.S. Securities and Exchange Commission (SEC) warned investors in mutual funds that invest in bitcoin (BTC, +1.02%) futures products to monitor risks around the digital asset and the funds investing in the sector.   Bitcoin is a “highly speculative” asset, the staff statement, published Tuesday, said. The note warned that investors may be taking…
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Moonshot Manifesto Edition 5.10.21

Hello Everyone!  Here is a weekly recap of Moonshot Manifesto Edition 5.10.21.  Download it here: MoonShot X Newsletter 5.10.21 v1

Moonshot Manifesto Edition 4.26.21

Hello Everyone!  Here is a weekly recap of Moonshot Manifesto Edition 4.26.21.  Download it here: MoonshotX Manifesto 4.26.21

Goldman Sachs Offering Bitcoin Derivatives to Investors

The bank will protect itself from the cryptocurrency’s volatility by buying and selling bitcoin futures in block trades. Goldman Sachs is offering investors access to non-deliverable forwards (NDFs), a derivative tied to bitcoin’s price that pays out in cash, according to a Bloomberg report. When reached by CoinDesk, the investment bank confirmed the news. The…
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Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap

Ether’s milestone comes with surging trader interest in the leading smart-contracts blockchain. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, surged Monday to a new record price of over $3,200 amid fresh speculation the network’s value might soar as more traders warm to the potential of decentralized finance, known as DeFi, and other uses…
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European Investment Bank Issues $121M Digital Notes Using Ethereum

Goldman Sachs, Banco Santander SA and Societe Generale AG served as joint managers. The European Investment Bank (EIB), the lending arm of the European Union, used Ethereum technology to issue €100 million ($121 million) in two-year digital notes for the first time, the EIB said in a statement.   Goldman Sachs, Banco Santander SA and…
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Bitcoin’s Drop on Biden’s Proposed Tax Hike Just Temporary, BCB CEO Says

“While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip,” Landsberg-Sadie told CoinDesk. Bitcoin (BTC) has slumped more than 8%, over a 24-hour period, a drop attributed to U.S. President Joe Biden’s proposed tax increase on capital gains on those earning above $1 million. But the…
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